The Supreme Court has sought a response from the Serious Fraud Investigation Office (SFIO) on Vijayraj Surana’s plea seeking relaxation of his bail conditions in a ₹10,000 crore financial fraud case. The top court had earlier granted him bail, noting that prolonged detention before trial amounts to “punishment without conviction.”
NEW DELHI: 8th April: The State of Tamil Nadu on Tuesday withdrew its plea from the Supreme Court, which sought the transfer of the Enforcement Directorate (ED) raid-related case involving the Tamil Nadu State Marketing Corporation (TASMAC) from the Madras High Court to the apex court.
The Madras High Court criticized the Tamil Nadu government for not informing it about a transfer petition to the Supreme Court regarding the TASMAC and ED case. The court expressed disappointment, feeling the State acted unfairly. The ED claims financial irregularities in TASMAC operations involved more than Rs.1,000 crore and sparked political tensions.
